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20121227
20121227
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's ruling could be calling that state's bluff. "piles of money" coming up. ♪ . ♪ . adam: i think bob dylan but i'm not sure that would date me, wouldn't it. yes it was bob dylan. now it could be the east coast and the gulf coast as well. the longshoreman's union is threatening to go on strike and analysts say it could be catastrophic for the fragile u.s. economy. 15 ports along the gulf and eastern seaboard could shut down in the next four days. as we speed toward the fiscal cliff, that is the last thing businesses nationwide need to threaten their bottom lines. here to explain what is at stake, jonathan gold, vice president of the national retail federation. thanks for joining us. last time we faced something like this, 2002, it took six months for u.s. economy to recover. the ports on the west coast were only closed for 10 is that accurate? >> adam, thanks very much for having me on. yes, the last time we had coast wide shut down was 2002. there was 10-day lockout. took six months to recover from. most economists say that lockout cost the u.s. economy about a billion dollars a day. adam:
?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> americans trying to adopt children from russia are understandably on edge after president vladimir putin indicated today he'll sign a bill banning all u.s. adoptions. he plans to study the final text of the adoption ban but right now he sees no reason why he would not sign this. earlier i talked with a woman who was adopted from a russian orphanage. tatyana mcfadden. >> if this bill is signed i can't imagine how many lives would be ruined. i'm so blessed for mine, and i'm here for the voices who can't speak. and it's -- i have no words to describe this. i mean my life has changed drastically because of just one adoption. >> if pr putin signs the law it's going to
to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. but geithner warns it is harder to predict how long the delay will last because of all of this ongoing fiscal cliff negotiations making it harder to forecast what revenue and tax spending
of the uso all the way back to bob hope and so on but you still get a lot of entertainers today, don't you, who love to entertain the troops? >> we do about 500 performances and events with celebrities every year in locations all over the year of the as you mentioned i just returned from afghanistan, annual holiday tour with the chairman of the joint chiefs of staff and stayed behind to visit uso centers and small forward operating bases to visit with our troops. ashley: terrific. thank you for your work, sloane gibson, uso ceo, continued success with your program, helping heroes work and thank you for joining us. >> thank you. ashley: the closing bell ringing in about 38 minutes or there abouts. talk about a contrarian play, coal stocks, yeah, they have been taking a beating. alpha natural resources down about 50% this year but a top analyst on wall street says, buy them right now and put them in your stocking for the new year. coal stocks on the bargain counter with mike of stern af. he is coming up next a fox business exclusive. ♪ . ashley: oil prices popping since christmas but tradi
educators feel about giving teachers firearms training? bob hinky is a principal at mountain crest high school. how do you feel about this? >> well, i think the teachers have that right and so i feel like it's okay, but i have some things i'm very concerned about. i personally wouldn't carry a gun or get a concealed weapon myself. the concerns i have is the concealed weapons, i have a friend who just received his a couple of years ago and through the training, they never used a gun and had a gun in the class. i worry about the training that they have to actually fire the firearm and to use it. without endangering others as well. so there things i'm concerned about, having a concealed weapon on campus of course is -- we have strict policies that relate to that to ensure everyone is safe and a teacher if they violated that policy because they don't want to put others at risk either. >> what about having the weapon in school and having a kid possibly have access to it. that opens the door for accidents. >> absolutely. that's one of the concerns. so our policy is that it has to be concealed
. >> ticker would be scas, by the way. >> for seaworld? >> yes. yes. yes. check with mary thompson in for bob pisani this morning. hey, mary. >> we note mixed market the dow up 7 1/2 points, continued weakness in the s & p as well as the nasdaq today, lower by semiconductors, strength in the energy sector around drug stocks in early trade. that is helping to support the dow. a number of traders say the market continues to hold up pretty well, given that there are, of course, fewer expectation wers going to reach, a grand bargain on avoiding the fiscal cliff. look at the s & p, we did have melissa mentioning this earlier, down three days in a role one strategist pointing out technically looks vulnerable, the 15-day moving average above the 200 day. if it breaks below that, we could see selling pressure heading to the end of the year. the vix which popped up earlier, this is a measure of fear on wall street. i bring this up, while we are at the highest levels in six months on the vix, well below half of where we were back in august of 2011, the debt crisis. that kind of suggests again a complac
hemisphere. i worked with some of my cuban- ileanaan friends, ke ros-lehtinen and bob menendez and we worked hard to put sanctions on castro to try to bring that regime down. it was not until the soviet mig that was shot down, they shot a couple of them down. one of them made it back. that created a huge for error -- furor. bill clinton was put in a difficult position. i was the author in the house and the jesse helms was the author in the senate and we worked together on the bill along with my cuban-american brands. >> that regime is still around. at the time, a number of our allies protested the bill. in the rearview mirror, how effective was it overall? do you feel good about that? >> it shows the repression is so strong in cuba, the ability of fidel castro to reach out to some of his "friends" around the world that he has been able to circumvent sanctions. i think we ought to do everything we can to bring freedom to the people of cuba. the helms-burton law was not as effective as i would have liked. >> another issue out you are associated with is autism. how did that get started? >> my g
Search Results 0 to 6 of about 7